SunPower Raised Guidance Disappoints Solar Investors

By | February 12, 2014

Scalper1 News

Highflier SunPower fell late Wednesday after the company reported better-than-expected Q4 results but issued conservative guidance that disappointed investors. The report kicked off a round of hotly awaited solar energy earnings reports in IBD’s No. 1 industry group. SunPower (SPWR) stock, up 431% in 2013 and 6% year to date, lifted almost 2% during the trading day Wednesday but dropped 4% following its after-the-bell report. SunPower reported Scalper1 News

Scalper1 News